Boskalis CSR report 2017

Boskalis at a glance CSR 2017 – BOSKALIS 12 1 2 3 4 5 6 7 8 9 11 10 13 12 15 16 14 18 17 20 19 Fair labor practices Talent management Diversity BUSINESS CONDUCT 1 2 3 4 5 6 7 8 9 11 10 13 12 15 16 14 18 17 20 19 Fair labor pra tices Talent m nagement Diversity BUSINESS CONDUCT

and a peer analysis. This resulted in a new shortlist of 20 relevant topics, including updated and Boskalis-specific definitions. Topics were divided into the four thematic areas: Care for Human Capital, Impact on Local Communities, Impact on the Environment and Business Conduct. These topics were presented to our stakeholders through an online survey and desk research. Stakeholders were asked to rank and score the topics that mattered to them most. Boskalis management was asked to do the same. MATERIALITY MATRIX The resulting materiality matrix is, by definition, a snapshot and opinions amongst stakeholder groups may vary. All themes in the matrix are relevant to Boskalis. The topics that have been prioritized by Boskalis and our stakeholders – based on their relative importance – are featured in the top right of the matrix. These topics are the key elements of our CSR strategy and this report has been drawn up based on them. Generally speaking, the most important material topics have remained the same as in 2016. One exception is Health and Safety, which has gained considerably in importance. Impact on Biodiversity and Ecosystems remains one of the most important topics. To gain more insight into the main themes Business Conduct and Impact on Local Communities, a more granular approach was followed by defining new topics. The topic Local Development was ranked as one of the most important topics, underlining the importance of our Social Impact Program launched in 2016 (see page 19).

Our financial stakeholders are informed on our business and general market developments through the General Meeting of Shareholders, project visits, meetings, conferences, press releases, the Boskalis website and personal emails and phone calls. We strive to inform our financial stakeholders as completely and transparently as possible regarding our strategy and our financial performance. MATERIALITY ANALYSIS For a focused strategic approach, aimed at a healthy balance between stakeholder expectations and business aspirations, we identify and assess which material topics are most relevant in relation to our activities. To this end, we use a materiality analysis to gain insight into the relevance and importance of topics for Boskalis on the one hand, and for our various stakeholder groups on the other. Although material topics remain the same over time, their relevance for both internal and external stakeholders is subject to change. In 2015 we defined our main material themes. These were updated in 2016. In 2017, we once again engaged with our stakeholders to re-assess the most important material CSR themes. By actively engaging with relevant stakeholders at all levels within and outside of our company, we can interact and align our strategy to guide both our business and CSR objectives. More than 70 stakeholders were consulted for our materiality analysis. A list of relevant topics was drawn up by an independent third party, making use of a longlist of CSR topics based on CSR benchmarks and reporting frameworks, combined with a media

MATERIALITY MATRIX

IMPACT ON LOCAL COMMUNITIES Local development IMPACT ON LOCAL CO MUN TIES Local d velopment

Stakeholder engagement Community investments Stakeholder engagement Co munity investments

12

12

4

4

IMPACT ON THE ENVIRONMENT Impact on biodiversity and ecosystems Emissions Climate change adaptation Energy transition Waste management and effluents Turbidity Ship dismantling and recycling Ballast water IMPACT ON TH ENVIRONMENT Impact on biodiversity and eco ystems Emissions Climate change dap ation Energy transition Waste m nagement and effluents Turb dity Ship dismantling and re ycling B llast water

1

1

5

5

19

19

18

18

17

17

13

13

2

2

8

8

6

6

14

14

7

7

9

9

15

CARE FOR HUMAN CAPITAL Health and safety Sustainable employability CARE FOR HUMAN CAPITAL Health and safety Sustainable employability

15

1 10

11 10

3

3

16

16

20

20

Economic performance Responsible business conduct Responsible sourcing Taxes Ec nomic performance Responsible business conduct Responsible sourcing Taxes

IMPORTANCE FOR STAKEHOLDERS BUSINESS IMPACT IMPORTANCE FOR STAKEHOLDERS BUSINESS IMPACT